Inflation ( CCPI)25.2% (May 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.65%
12M T-Bill Rate22.91%
2Y T-Bond Rate29.25%/ 30.00%
4Y T-Bond Rate27.25% / 27.35%
USD/LKR292/293
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $1,443Mn (April 2023 cumulative)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

CBSL recovered after failed to sell enough T-bills at primary auction

Interest RatesSep 9, 2022
CBSL recovered after failed to sell enough T-bills at primary auction
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CBSL auctioned LKR 75Bn to repay the liabilities on Friday but managed to sell only LKR 10.2Bn at the primary auction conducted on Wednesday. But they offered balance T-bills at the same weighted average and managed to sell another LKR 38.2Bn after the auction. That prevented printing a substantial amount of new money.

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